Anson Funds names its 3 candidates in board fight at Match Group
NEW YORK (Reuters) -Hedge fund Anson Funds blamed Match Group's board for the online dating company's underperformance and named publicly for the first time its three director candidates who all have expertise in the technology sector and have sat on public company boards. In a letter to fellow shareholders, Anson Funds' portfolio manager Sagar Gupta wrote "Match's outdated, insular board with deep interlockings is inadequately qualified to oversee a modern technology company." Anson said it proposed Fumbi Chima, a former senior executive at Adidas , Burberry and Walmart , Laura Lee, who previously worked at Amazon-owned Twitch, Google and consulting firm McKinsey and Kelley Morrell, a former senior managing director at Blackstone, as director candidates.